$126,490
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- 2 Baths
- 1,156 Sq Ft
17203 Sandalwood Dr Unit 17203, Wildwood, FL 34785
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BHHS FLORIDA REALTY
(352) 415-8712
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Lake Panasoffkee, Florida, sits along the western shore of its namesake lake and draws both year-round residents and winter visitors who like being about 30 miles from The Villages while still having more flexibility in home styles and daily life. Housing in Lake Panasoffkee ranges from midcentury bungalows and ranch-style homes built from the 1950s through the early 2000s to mobile and manufactured homes, with many older properties featuring sunrooms, lanais, and, on larger lots, guest cabins or equestrian facilities. A small number of newer Craftsman-style homes built after 2022 tend to be smaller and designed to keep cooling costs down, which can appeal to part-time residents. The lake is a focal point, with fishing and boating on Lake Panasoffkee and the Outlet River, public access at Coleman Landing Boat Ramp, and nearby attractions like Marsh Bend “Outlet” Park and Lake Panasoffkee Recreation Park, which has ball fields, courts, a skate park, and a dog park. Dining spots include Big Bass Grill with its lakefront patio and weekend music, and long-running Catfish Johnny’s Restaurant, plus everyday shopping along County Road 470. Families are typically zoned to highly rated Lake Panasoffkee Elementary School, with older students attending South Sumter Middle and High schools, where there are multiple Advanced Placement, Cambridge, dual enrollment, and career technical programs. The area is car-dependent, with no local public transit, but sits near Interstate 75 and State Route 44 for trips to Tampa, Crystal River, and Orlando.
On average, homes in Lake Panasoffkee, FL sell after 100 days on the market compared to the national average of 55 days. The median sale price for homes in Lake Panasoffkee, FL over the last 12 months is $228,250, up 27% from the median home sale price over the previous 12 months.